Singapore, 19 September 2017 – Cisco and Singapore Technologies Electronics Limited (ST Electronics) today announced they are working together to address the growing threat of cyber breaches and crime in Singapore. In collaboration, Cisco and ST Electronics will provide Managed Detection and Response Security Services (MDRSS) to Singapore Government Agencies and enterprises.

Built for today’s advanced and emerging security technologies and network architectures, customers can subscribe to ST Electronics-Cisco MDRSS, which is managed by cyber security experts from ST Electronics and Cisco, allowing customers to contribute to and support the country’s digital economy initiatives.

Making Cyber Security a Part of the Digital Economy

The rapid and inevitable hyper connectivity required in an evolving digital world, while opening up opportunities, leave many organisations exposed and vulnerable to security gaps where nefarious cyber threat actors can benefit by inflicting damage. In addition, the growth of smart, connected technologies that capture both public and private data can threaten privacy if breached. This interconnectivity of smart devices across Singapore means that the compromise of a single point makes the entire network ecosystem vulnerable to breaches and exfiltration of data.

“Cybersecurity is and will continue to be critical to the success and growth of smart, digital cities,” explained Tay Bee Kheng, Cisco Country Manager, Singapore and Brunei. To truly embrace the Smart Nation vision, Singapore needs to improve real-time threat detection and incident response capabilities in an increasingly complex and sophisticated digital landscape. Today, where machine-based intelligence operation co-exists with human operated systems, it is imperative that the cybersecurity infrastructure is vigilant, proactive and able to learn and manage threats in real time.

“The nation’s cybersecurity development is being hindered by a shortage of cybersecurity professionals. To that end, we have collaborated with ST Electronics to provide the necessary expertise, manpower and capabilities to train and ensure the appropriate level of expertise and domain knowledge to maintain a strong security posture for Singapore’s digital economy,” said Tay Bee Kheng.

“As our nation embarks on a digital economy journey with more Smart Nation initiatives, the cost of each security breach can be debilitating. New digital services need to be secured, and organisations need to provide the highest level of security assurance so that end-users will be confident that their data is well-protected,” said Mr Goh Eng Choon, General Manager, ST Electronics (Info Security). “We are collaborating with Cisco to provide advanced threat analytic managed services to respond to threats intelligently and rapidly at any touchpoint.”

Tay Bee Kheng concluded, “We are confident that the ST Electronics-Cisco MDRSS will not only benefit our customers, but also provide a strategic advantage that protects and also enables innovations and new value. As we continue to work towards the realization of Singapore’s Smart Nation ambition, the biggest opportunity comes when we make cybersecurity an integral part of our digitisation efforts.”

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ST Electronics (Singapore Technologies Electronics Limited), is the electronics arm of Singapore Technologies Engineering Ltd, one of the largest public-listed companies on the Singapore Exchange. ST Electronics is a global engineering company specialising in the design, development and integration of advanced electronics and communications systems. Our capabilities are in Rail & Intelligent Transportation; Satellite & Broadband Communications; Info Comm Technologies; Command & Control operations, Training & Simulation; Intelligent Building & Security Systems and Cybersecurity. We have a presence in over 20 countries spanning North America, Latin America, Europe, Africa, the Middle East, China, India and Southeast Asia. For more information, please visit www.stee.stengg.com.

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